Market revenue in 2023 | USD 597.8 million |
Market revenue in 2030 | USD 1,289.9 million |
Growth rate | 11.6% (CAGR from 2023 to 2030) |
Largest segment | Topical application |
Fastest growing segment | Direct Inhalation |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Topical Application, Direct Inhalation, Aerial Diffusion |
Key market players worldwide | Procter & Gamble Co, Reckitt Benckiser Group PLC, Ryohin Keikaku Co Ltd, Rocky Mountain Oils, Plant Therapy, Falcons Beyond Global Inc Ordinary Shares - Class A, Pilgrims Pride Corp, SpaRoom, NOW Foods, Biolandes, EO Technics, DoTERRA, Young Living, Mountain Rose Herbs, Edens Garden, Stadler Form |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aromatherapy market will help companies and investors design strategic landscapes.
Topical application was the largest segment with a revenue share of 42.57% in 2023. Horizon Databook has segmented the China aromatherapy market based on topical application, direct inhalation, aerial diffusion covering the revenue growth of each sub-segment from 2018 to 2030.
The government of China has launched initiatives like the Healthy China 2030 program to enhance public health. This significant initiative, announced by the Chinese authorities, encourages the entire society to embrace the principle of "Health for All, and All for Health", promoting widespread participation in health promotion activities.
The plan puts forward three strategies such as popularizing a healthy lifestyle, building a healthy environment, and developing a healthy industry. Due to such measures adopted by the government awareness regarding the healthy lifestyle has been increasing.
For instance, between 2017 and 2021, the number of yoga studios in China saw a threefold increase, reaching 42,000. It's believed that a few million individuals in the nation regularly engage in yoga, with an additional number practicing it on an occasional basis. Women represent the largest group within this trend.
Horizon Databook provides a detailed overview of country-level data and insights on the China aromatherapy market , including forecasts for subscribers. This country databook contains high-level insights into China aromatherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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